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$ 2,400,000
Est. payment | /mo
6,960 Sqft Lot
$ 2,400,000
Est. payment | /mo
6,960 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250024907SD
HOA Y/N No
Lot Size 6,960 Sqft
Property Sub-Type Mixed Use
Property Description
Situated in the hour glass of North Park, this well-maintained 7-unit apartment property offers a rare investment opportunity with immediate upside. With two vacant units and all tenants on month-to-month leases, new ownership can capitalize on strong existing financials while increasing rents to market rate. The 7,000 SF lot and favorable zoning present potential for ADU development (buyer to verify). The property features 11 bedrooms, 8 bathrooms, off-street parking, and is located just minutes from some of San Diego's best dining, shopping, and nightlife. A turn-key asset with day-one value-add potential in one of San Diego's most desirable rental markets.
Location
State CA
County San Diego
Area 92104 - North Park
Zoning RM1-2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Total Parking Spaces 10
Others
Tax ID 4473840800
Listed by Said Abdallah • Compass
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Dan Andrizzi
Broker-Associate | Lic# 01440387